Thanks for all this. Extremely helpful! Personally I'd like to see a policy that offers larger deductibles. I use insurance to protect against the catastrophic. Plus, being American, I'm used to very high deductibles. $1000, $2000, even $3000 - I'd happily trade a high deductible for lower premiums.
It's fascinating to see how competitive the insurance market for nomads and expats has become, and your deep dive into the nuanced changes of these services really paints a comprehensive picture. The way you compare SafetyWing and Genki, not just in terms of their offerings but also their strategies and improvements, offers invaluable insights for long-term travelers making critical insurance decisions. I'm curious, with the rapid evolution in this niche insurance sector, how do you think customer expectations are shaping the services offered by these companies?
Brent, I appreciate this material since I've been doing some research lately. A comment though. I am surprised by your statement that the market of travel insurance of practical use to most long-term travelers is limited to 2 or 3 companies. Are you perhaps focused on the offers specific American citizens? I am based in Europe and to my knowledge, every major insurer has an offer. Allianz, Alpenverein, Wiener Group, Warta/Talanx - to name just a few, but there's at least a few dozen more. Or perhaps is there a good reason to exclude those offers? I would be glad to hear your opinion
Thanks for all this. Extremely helpful! Personally I'd like to see a policy that offers larger deductibles. I use insurance to protect against the catastrophic. Plus, being American, I'm used to very high deductibles. $1000, $2000, even $3000 - I'd happily trade a high deductible for lower premiums.
It's fascinating to see how competitive the insurance market for nomads and expats has become, and your deep dive into the nuanced changes of these services really paints a comprehensive picture. The way you compare SafetyWing and Genki, not just in terms of their offerings but also their strategies and improvements, offers invaluable insights for long-term travelers making critical insurance decisions. I'm curious, with the rapid evolution in this niche insurance sector, how do you think customer expectations are shaping the services offered by these companies?
Brent, I appreciate this material since I've been doing some research lately. A comment though. I am surprised by your statement that the market of travel insurance of practical use to most long-term travelers is limited to 2 or 3 companies. Are you perhaps focused on the offers specific American citizens? I am based in Europe and to my knowledge, every major insurer has an offer. Allianz, Alpenverein, Wiener Group, Warta/Talanx - to name just a few, but there's at least a few dozen more. Or perhaps is there a good reason to exclude those offers? I would be glad to hear your opinion
Thank you for this information, very helpful!